The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following three non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. | Sr. No. | Name of the Company | Registered Office Address | CoR No. | Issued On | Cancellation Order Date | | 1. | M/s Escorts Finance Limited | Escorts Corporate Centre, 15/5, Mathura Road, Faridabad - 121003, Haryana | A-14.
01690 | May 23, 2000 | April 16, 2016 | | 2. | M/s Express Trading & Securities Private Limited | 603-604, M R Towers, Line Tank Road, Ranchi – 834001 | B-15.
00017 | November 18, 1999 | May 06, 2016 | | 3. | M/s Jayant Security and Finance Limited | D/107, Rise Tower I, Bhayali Cana Road, Vadodara, Gujarat - 391410 | 01.
00158 | March 20, 1998 | May 06, 2016 | Following the cancellation of registration certificate, these companies cannot transact the business of a non-banking financial institution as laid down under clause (a) of Section 45-I of the Reserve Bank of India Act, 1934. Sangeeta Das
Director Press Release : 2015-2016/2870 | |